Fluorspar price tracker: July 2014

By Shruti Salwan, Andrew Miller
Published: Thursday, 10 July 2014

IM Data outlines the key acidspar price trends of the past 18 months

Acid-grade fluorspar (acidspar) prices slumped lower in Q2 2014 as the backlog throughout the fluorspar supply chain forced producers to drop prices yet again.

The biggest decreases were seen in prices into Europe and the US, where suppliers had to compete with low Chinese prices which continued to fluctuate around the $300/tonne mark. 

Prices have now been in a downward trend for over 18 months with demand from fluorochemical markets stalling in the wake of slowing growth rates in developing economies and weak sales into major consuming regions in Europe and Asia. 

Here IM Data's Price Tracker monitors the movement in acidspar prices across five common trade routes over the past 18 months. 

For more detailed pricing information please visit IM Data's pricing database.

To download IM Data’s Quarterly outlook for the fluorspar market, please click here.


Q2 Price Review

• The ongoing lull in demand saw Chinese producers lower prices again in April 2014.
 
• Prices from Africa were dropped to compete with low-cost Chinese supplies as producers battled to clear inventories.
 
• Prices diverged as some producers attempted to improve the quality of their output to insulate margins.

• Summer sales failed to ease supply-chain backlogs, preventing any potential recovery in prices.
 
• Prices into Europe and North America succumbed to low-cost supplies by the end of Q2 2014.

Highlights
 
• On average, prices down 10.1% over Q2 2014 and 26.1% on Q1 2013.
 
• Biggest decreases in Q2 2014 seen in CIF price of acidspar, 95% CaF2, dry filtercake, into the US.
 
• CIF prices of acidspar, 97% CaF2, wet filtercake, down over 29% in 18 months.





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